EnergyWatch

Improved conditions boost sales for Wintershall Dea

The German gas giant more than doubled its Q3 sales, although an explosion in Russia still poses challenges for the company.

Photo: Wintershall DEA - PR

Over the coming days, a series of the world's largest oil outfits will present their third-quarter financials. Among them are TotalEnergies, Shell, Equinor, Aker BP and Lundin Energy. And if Germany's Wintershall Dea, publishing its interim report on Tuesday, is any indication of its colleagues' results, there are some happy days to come for the industry.

The company has raised its adjusted earnings by 245 percent to EUR 234m during the period when compared to the same quarter last year. And earnings before interest, taxes, depreciations, amortizations and exploration expenses (EBITDAX) have increased as well, by 146 percent to EUR 983m.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs